EIDP, Inc. CTA-PB
Unless otherwise indicated or the context otherwise requires, references in this Annual Report on Form 10-K to:
•"Corteva" or "the company" refers to Corteva, Inc. and its consolidated subsidiaries (including EIDP);
•"EIDP" refers to EIDP, Inc. (formerly known as E. I. du Pont de Nemours and Company) and its consolidated subsidiaries or EIDP, Inc. excluding its consolidated subsidiaries, as the context may indicate;
•"DowDuPont" refers to DowDuPont Inc. and its subsidiaries prior to the Corteva Separation (as defined below);
Valuation FY2018 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $24.59B | $25.13B | $28.41B | $29.00B | $34.81B | $33.68B | $27.70B | $26.11B |
| Cost of revenue | — | — | $14.47B | $15.11B | $17.02B | $17.64B | $21.40B | $21.26B | — | — |
| Gross profit | — | — | $10.12B | $10.02B | $11.38B | $11.36B | $13.41B | $12.42B | — | — |
| R&D | — | — | $1.64B | $1.90B | $1.96B | $2.04B | $2.12B | $1.96B | $1.60B | $1.38B |
| SG&A | — | — | $4.32B | $4.62B | $4.89B | $5.34B | $5.89B | $3.31B | $2.91B | $3.44B |
| Total operating expenses | — | — | — | — | $31.05B | $32.66B | $32.22B | $30.54B | $25.64B | $25.14B |
| Operating income | — | — | — | — | $6.36B | $5.37B | $5.37B | $5.88B | $4.61B | $3.34B |
| Pre-tax income | — | — | $3.27B | $2.59B | $4.31B | $2.57B | $3.09B | $3.88B | $3.26B | $2.18B |
| Income tax | — | — | $744.0M | $696.0M | $1.17B | $360.0M | $616.0M | $647.0M | $515.0M | $415.0M |
| Net income | — | — | $2.51B | $1.95B | $3.62B | $4.85B | $2.75B | $3.56B | $3.03B | $1.75B |
| EPS, basic | — | — | 2.87 | 2.17 | 3.95 | 5.22 | 2.94 | 3.82 | 3.32 | 1.93 |
| EPS, diluted | — | — | 2.85 | 2.16 | 3.92 | 5.18 | 2.91 | 3.77 | 3.28 | 1.92 |
| Shares, diluted (wtd. avg.) | — | — | $877.0M | $899.5M | $921.9M | $933.1M | $942.2M | $941.0M | $921.7M | $908.7M |
Balance sheet
| Fiscal year | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $4.47B | $7.25B | $4.61B | $5.30B | $6.91B | $8.94B | $4.28B | $3.59B | $4.26B | $4.02B |
| Short-term investments | $34.0M | $952.0M | $1.36B | $906.0M | $124.0M | $145.0M | $123.0M | $433.0M | $2.54B | $2.12B |
| Receivables | $3.91B | $3.78B | $3.61B | $3.44B | $3.69B | $4.58B | $4.07B | $4.60B | $4.12B | $3.79B |
| Inventory | $7.41B | $8.63B | $5.67B | $6.14B | $6.79B | $8.04B | $7.57B | $7.20B | $5.97B | $5.38B |
| Total current assets | $18.61B | $23.05B | $17.12B | $17.39B | $26.08B | $24.38B | $21.32B | $18.06B | $19.06B | $17.29B |
| Property, plant and equipment | $12.19B | $12.44B | $9.23B | $9.78B | $10.01B | $9.95B | $12.74B | $13.41B | $11.34B | $11.09B |
| Goodwill | $40.69B | $45.59B | $4.18B | $4.25B | $4.33B | $4.51B | $4.62B | $5.41B | $2.62B | $2.14B |
| Other intangibles | $26.05B | $27.73B | $3.66B | $4.14B | $4.57B | $5.10B | $5.13B | $5.41B | $2.70B | $2.55B |
| Total assets | $101.03B | $112.96B | $39.96B | $41.17B | $50.49B | $52.14B | $49.86B | $48.64B | $40.41B | $38.19B |
| Accounts payable | $4.98B | $4.83B | $3.71B | $3.40B | $3.79B | $5.18B | $4.85B | $4.82B | $4.35B | $3.54B |
| Short-term debt | $268.0M | $1.31B | $4.0M | $1.11B | $1.41B | $1.67B | $1.25B | $410.0M | $4.0M | $981.0M |
| Total current liabilities | $11.44B | $12.14B | $8.90B | $10.32B | $13.80B | $13.37B | $13.55B | $11.19B | $9.39B | $9.39B |
| Long-term debt | — | — | $8.10B | $7.63B | $9.22B | $10.72B | $10.44B | $11.71B | $10.13B | $9.52B |
| Total liabilities | — | — | $29.77B | $30.97B | $37.11B | $35.21B | $39.56B | $39.43B | $30.67B | $30.53B |
| Retained earnings | -$7.67B | $175.0M | $14.92B | $14.51B | $16.89B | $16.78B | $14.38B | $13.42B | $12.03B | $10.71B |
| Total equity | $69.86B | $74.76B | $10.00B | $9.99B | $13.38B | $16.29B | $10.30B | $9.21B | $9.80B | $7.65B |
Cash flow
| Fiscal year | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | — | — | $3.30B | $2.32B | $3.71B | $3.18B | $4.85B | $5.15B | $4.56B | $4.74B |
| Depreciation and amortisation | — | — | $1.26B | $1.47B | $1.62B | $1.60B | $1.71B | $1.56B | $1.38B | $1.50B |
| Capital expenditure | — | — | $1.02B | $1.63B | $2.02B | $1.88B | $1.79B | $1.84B | $1.51B | $1.31B |
| Investing cash flow | — | — | -$1.51B | -$1.83B | -$337.0M | $2.94B | -$1.35B | -$6.24B | -$2.44B | -$4.30B |
| Financing cash flow | — | — | -$2.33B | -$1.82B | -$5.07B | -$1.47B | -$2.70B | $403.0M | -$1.83B | -$97.0M |
| Buybacks | — | — | $916.0M | $2.35B | $2.00B | $1.00B | $400.0M | $672.0M | $250.0M | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000030554-19-000005.
Others in SIC 2820
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| CE | Celanese Corp | $4.90B | — | -7.1% |